Dynatrace, Inc. (DT)
| Market Cap | 13.44B |
| Revenue (ttm) | 1.36B |
| Net Income (ttm) | 196.98M |
| Shares Out | 296.00M |
| EPS (ttm) | 0.66 |
| PE Ratio | 68.79 |
| Forward PE | 35.27 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,705,649 |
| Open | 45.89 |
| Previous Close | 46.26 |
| Day's Range | 45.17 - 46.14 |
| 52-Week Range | 40.43 - 61.41 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 60.30 (+32.82%) |
| Earnings Date | May 15, 2024 |
About DT
Dynatrace, Inc. provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training service... [Read more]
Financial Performance
In 2022, Dynatrace's revenue was $1.16 billion, an increase of 24.65% compared to the previous year's $929.45 million. Earnings were $107.96 million, an increase of 105.83%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for DT stock is "Strong Buy." The 12-month stock price forecast is $60.3, which is an increase of 32.82% from the latest price.
News
Dynatrace Expands Go-to-Market Partnership with Google Cloud
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced an expanded go-to-market (GTM) partnership with Google Cloud. Together, the two...
Dynatrace Named a Leader in the 2024 GigaOm Radar Report for Cloud Observability Solutions
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has been named a “Leader” in the 2024 GigaOm Radar Report for Cloud Observab...
Annual Global CIO Report Reveals Cloud-Native Technologies Produce Explosion of Data Beyond Humans' Ability to Manage
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 1,300 CIOs and technology leade...
Bull Signal Flashing On Beaten Down IT Stock
Dynatrace (DT) is up 2.5% to trade at $47.48, at last check, enjoying a breath of fresh air following an early February bear gap that dragged its shares back below $50. In fact, the security has strug...
Dynatrace to Present at Upcoming Investor Conference
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that its executives will present at the Morgan Stanley Technology, Media & Tele...
Generative AI Could Help Dynatrace Grow Faster Than 25%
Since August 2023, when I last wrote about Dynatrace DT — the Waltham, Mass.-based provider of software observability services — has experienced an 8% increase in its stock (lagging the Nasdaq's 14.5%...
BMO Scales Digital Banking Capabilities for Customers Worldwide with Dynatrace
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that BMO, North America's eighth largest bank by assets, is using the Dynatrace...
Dynatrace Reports Third Quarter Fiscal Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the third quarter of fiscal 2024 ended December 31, 2023....
Dynatrace Releases OpenPipeline for its Analytics and Automation Platform
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the launch of OpenPipeline®, a new core technology that provides customers with...
Dynatrace Unveils Data Observability for its Analytics and Automation Platform
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced new AI-powered data observability capabilities for its analytics and automation...
Dynatrace Launches AI Observability for Large Language Models and Generative AI
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has extended its analytics and automation platform to provide holistic obser...
Dynatrace Teams With Lloyds Banking Group to Reduce IT Carbon Emissions
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that it is working with Lloyds Banking Group, one of the UK's largest financial...
Dynatrace to Acquire Runecast to Enhance Cloud-Native Security and Compliance
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it signed a definitive agreement to acquire Runecast, a provider of AI-powered ...
Dynatrace to Report Third Quarter of Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its third quarter of fiscal 2024 ended December 31, 2023 fi...
Dynatrace Recognized as a Customers' Choice in the 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability Report
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that, for the fifth consecutive year, it has been named a Customers' Choice in ...
Dynatrace Appoints Laura Heisman as Chief Marketing Officer
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the appointment of Laura Heisman as Chief Marketing Officer (CMO), effective Ja...
Global Report Reveals ‘Composite AI' Will Be Central to the Successful Adoption of Artificial Intelligence in the Enterprise
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 1,300 CTOs, CIOs, and other tec...
Dynatrace Named a Leader in Both the Cloud-Native Observability and Security Quadrants in the 2023 ISG Provider Lens, Multi-Public Cloud Solutions Report
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that ISG, a leading global technology research and advisory firm, has named it ...
Dynatrace CEO on investing in AI and state of the observability market
Rick McConnell, Dynatrace CEO, discusses the observability market, artificial intelligence, and tech sector leadership.
10 ‘better values' in the stock market, selected for the next two years
Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might l...
Thoma Bravo to sell about $500 million in Dynatrace stock
Dynatrace Inc. DT, +2.22% said Wednesday its stockholder Thoma Bravo is selling 10 million shares of its stock. Dynatrace stock was down 3.8% in premarket trading.
Dynatrace Announces Pricing of Public Offering by Selling Stockholders
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the pricing of an underwritten public offering of 10,000,000 shares of common s...
Dynatrace Launches Proposed Public Offering by Selling Stockholders
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the commencement of an underwritten public offering of 10,000,000 shares of com...
Dynatrace to Present at Upcoming Investor Conferences
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that its executives will present at three upcoming investor conferences, as fol...
Dynatrace Launches New Kubernetes Experience for Platform Engineering Teams
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced its new Kubernetes Experience for platform engineering teams. Powered by the Dy...